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Richmond

294 Queen Street, Richmond, Tasman

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1,565sqm Land area SQM
1,050sqm Floor area
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Exceptional investment and business opportunity


This is a rare chance to secure a high-performing freehold property with multiple income streams, alongside the opportunity to acquire the well-established Queen Street Studios hotel business operating onsite.

Set on 1,565 sqm (more or less) of land with a floor area of 1,050 sqm (approximately), the property features a 20 room hotel, including a two-bedroom, two-bathroom manager's residence.

In addition, the site includes two independently leased restaurants and a popular coffee cart tenancy fronting the property, all providing secure passive income.

Ideally located near Saxton Stadium, the hotel enjoys consistently strong occupancy from sporting teams, conference delegates, international travellers, and regional guests. Free public parking is available directly behind the property, further enhancing accessibility and appeal.

An outstanding opportunity for both investors and owner-operators.
For sale by way of offers over $6,000,000.00 + GST (if any).

Offers/Enquiries Over NZ$6,000,000 + GST (if any)
Gill Ireland

Gill Ireland

Commercial, Tourism and Residential Sales and Leasing

BE Nelson Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Anchor tenants


Two restaurant anchor tenants

Prime frontage


Located on the street front of Richmond's main street

Opportunity


Opportunity to purchase a 20-room hotel that generates great returns

Land area breakdown


1,565sqm (more or less) of land area

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